Offshore Driller Ensco to Buy Rowan in $2.38 Billion Deal

Capt. John

By John Benny Oct 8 (Reuters) – Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to increase its rig count and benefit from Rowan’s joint venture with Saudi Aramco. The deal adds to a wave of […]

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